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Rand Paul: Obama will bail out Detroit 'over my dead body'
breitbart.com ^ | 7 19 2013 | Matthew Boyle

Posted on 07/20/2013 1:23:26 AM PDT by BarnacleCenturion

Sen. Rand Paul (R-KY) said he will use every resource he has at his disposal to stop President Barack Obama from bailing out newly-bankrupt Detroit because he believes the city can and must save itself and learn from its fiscal mistakes. "I basically say he [Obama] is bailing them out over my dead body because we don’t have any money in Washington.”

“There’s some good things that come out of bankruptcy,” Paul said in a phone interview from Iowa. “One is you get to start over. Bankruptcy lets you be forgiven of your debt. And you do so by getting new management, better management, and by getting rid of unwieldy contracts, contracts that give you where public employees are getting paid twice what private employees are and things come back more to normal. That’s the way cities and businesses can recover.

(Excerpt) Read more at breitbart.com ...


TOPICS: Front Page News; News/Current Events; US: Kentucky; US: Michigan
KEYWORDS: bankruptcy; bestdealever; cino; demagogue; detroit; diabn; fino; johnnyonenote; kentucky; lewrockwell; lino; michigan; randpaul; randsconcerntrolls; rino
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To: Bon mots

I had to google Otis Mathis to see if you were making stuff up. OMG you weren’t!


41 posted on 07/20/2013 7:32:41 AM PDT by jpsb (Believe nothing until it has been offically denied)
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To: nathanbedford

Well, I would be a lot more interested in him if it were not for his pro-illegals shenanigans.


42 posted on 07/20/2013 11:03:59 AM PDT by Bigg Red (Restore us, O God of hosts; let your face shine, that we may be saved! -Ps80)
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To: BarnacleCenturion

His truth will be heard or he will lose Michigan.

My guess would be that democratic Michigan will spurn Rand Paul.

At the same time, I think the entire idea of bankruptcy is both realistic and terribly unfair. Realistic in that someone who’s broke is broke. You can’t get blood from a turnip.

On the other hand, contracts with vendors, businesses, individuals, and even employees are still contracts, and it’s the contract hold who pays the price and not those who entered into them in bad faith...my sense is that Detroit knew it was acting stupidly. I’d feel better if they jailed all the leaders of Detroit from the last 2 decades.


43 posted on 07/21/2013 3:46:24 AM PDT by xzins (Retired Army Chaplain and Proud of It! Those who truly support our troops pray for their victory!)
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To: Fresh Wind

“Detroilet”

Good effort but I think “De toilet” might be better. Or maybe “De troilet”

It is certainly funnier when you pronounce it with a bad french accent. Try it at home and see if you like it better.


44 posted on 07/21/2013 4:21:02 AM PDT by staytrue
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To: Progov

I would think the untimely death of either Paul would be a big mistake. They have some “interesting” followers who would never forget it.


45 posted on 07/21/2013 4:37:30 AM PDT by PghBaldy (12/14 - 930am -rampage begins... 12/15 - 1030am - Obama's advance team scouts photo-op locations.)
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To: BarnacleCenturion

What can Rand Paul to do to stop it?

(nothing)


46 posted on 07/21/2013 6:57:42 AM PDT by PaleoBob
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To: BarnacleCenturion

“...bailing them out over my dead body...”

I’m sure Odinga could arrange that....just like he did in Benghazi.


47 posted on 07/21/2013 7:44:53 AM PDT by lgjhn23 (It's easy to be liberal when you're dumber than a box of rocks.)
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To: BarnacleCenturion

“Bankruptcy lets you be forgiven of your debt.”

I’d hate to be one who holds that debt. It’s the
renegotiation of union contracts and retirement that they
are trying to avoid.


48 posted on 07/21/2013 9:11:30 AM PDT by Slambat
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To: BarnacleCenturion

A lot of conservative laugh at the blue cities and states that are going bankrupt. What they don’t realize is that the administration will bail out all of them with the nations tax dollars.


49 posted on 07/21/2013 9:36:08 AM PDT by doc
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To: GeronL

Yes, some gang of 6 or gang of 8 or gang of 12 “moderate republicans” will get together and reach a “compromise”.

You can bet that Lindsey and McCain will be in that gang.

Part of the compromise will be to “never do another bailout for a city”, but it won’t be enforced because some court will decide that it is discrimination or some such nonsense.


50 posted on 07/21/2013 9:45:50 AM PDT by esoxmagnum (The rats have been trained to pull the D voting lever to get their little food pellet)
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To: self

/mark


51 posted on 07/21/2013 10:35:38 AM PDT by KoRn (Department of Homeland Security, Certified - "Right Wing Extremist")
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To: Fresh Wind
The mayor of Detroit was on ABC news-talk this AM, saying how he wants to work with the feds (ie extort more money). What he did say that was interesting is that Detroit is succeeding with downtown expansion and touristy things. Add to that, they've got a port and a lakeside. With all of those assets and a relatively small population, they should be told to figure it out.

Rand Paul got this one right. More money to Detroit is enabling and rewarding mismanagement.

52 posted on 07/21/2013 10:40:19 AM PDT by grania
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To: esoxmagnum

Or some court will rule for equal protection even though cities aren’t people. Wait, they’re corporations, so they are.


53 posted on 07/21/2013 10:43:54 AM PDT by txhurl ('The DOG ate my homework. That homework, too. ALL my homework. OK?' - POSHITUS)
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To: Fresh Wind

The parasitic ticks are winning...

but the dog is dying.

Once the dog is dead... all of the ticks will die too...

because they have or will have already killed off all of the ‘other’ dogs, as well.

And the ignorants continue to “suck” on.....

It’s a feeling of utter helplessness and frustration... watching this happening but not being able to do anything to stop it.

I guess it’s a feeling that many others have had throughout the history of the world, while watching their country, their society and their civilization being dragged into that historical “dustbin”...and quite deliberately, it seems. But that isn’t exactly a comforting thought. I doubt that there even IS a comforting thought at this point.


54 posted on 07/21/2013 12:01:23 PM PDT by XenaLee (The only good commie is a dead commie)
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To: lgjhn23

“just like he did in Benghazi.”

And with Hastings.


55 posted on 07/21/2013 12:03:37 PM PDT by XenaLee (The only good commie is a dead commie)
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To: doc

“A lot of conservative laugh at the blue cities and states that are going bankrupt. What they don’t realize is that the administration will bail out all of them with the nations tax dollars.”

Nobody with a brain and an ounce of common sense is laughing, Doc. Only some CINOs, perhaps, that never could get a clue on the big picture (tunnel vision).


56 posted on 07/21/2013 12:06:04 PM PDT by XenaLee (The only good commie is a dead commie)
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To: BarnacleCenturion

57 posted on 07/21/2013 5:08:11 PM PDT by 4Liberty (Some on our "Roads & Bridges" head to the beach. Others head to their offices, farms, libraries....)
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To: GeronL

The US House must HALT the bailout! STOP IT NOW!


58 posted on 07/21/2013 6:41:18 PM PDT by 2harddrive
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To: GeronL

The US House must HALT the bailout! STOP IT NOW!


59 posted on 07/21/2013 6:43:15 PM PDT by 2harddrive
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To: Bon mots

Maybe Weiner can serve on the board.


60 posted on 07/21/2013 6:57:00 PM PDT by TurboZamboni (Marx smelled bad & lived with his parents most his life.)
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